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Commercial paper is issued by large, creditworthy corp.

therefore, it has a greater credit


risk than treasury bills issued by the US government and, therefore, pays a higher interest
rate.

Money market funds invest in higher-yielding bank CDs, commercial paper and other
low risk securities. They do not invest in equity securities.

The term supply chain describes a product’s productions and distribution. It illustrates the
flow of goods, services and information from acquisition of basic raw materials through
the manufacturing and distribution process to delivery of the product to the consumer,
regardless of whether those activities occur in one or many firms. Therefore, the supply
chain is broader than the purchasing and manufacturing processes on one firm.

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